Quote:
Originally Posted by sigurman
Anyon knows any other city where 1% of the total investment can be returned in a mensal rent?
example - 300.000USD goes for 3.000USD month/rental (1%) - In San Francisco this is possible.
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300,000 USD is the fixed cost but you have to factor in taxes, fees, etc
I think anybody charging rent of 3k will have spent more than 300k on the unit and has heavy taxes and fees